Philippine Mortgage from Canada: Requirements and Documents
Mortgage Loans for Philippine Real Estate – Even if You Live in Canada
You can now apply for a Philippine mortgage loan from Canada — even if you don’t live or work in the Philippines. This opens the door for overseas Filipinos, dual citizens, and qualifying foreign nationals to invest in real estate back home, without the need for Philippine-based employment or residency.
Eligibility Requirements
-
Citizenship: You are eligible if you are a Filipino citizen, a former Filipino (for lots up to 1,000 sqm), or a dual citizen. Foreign citizens residing in the UK or Canada are allowed to apply only for condominium unit purchases, consistent with property ownership regulations in the Philippines.
-
Marital Status: You do not need to be married to a Filipino citizen to be eligible for the loan.
-
Spouse Signature: If you are married, your spouse must sign as a co-borrower. In addition, a Special Power of Attorney (SPA) is required so that someone in the Philippines can act on your behalf throughout the application process.
Required Documentation
Applicants from the UK and Canada must provide the following documents:
-
Duly completed OPHL application form
-
One valid photo ID
-
If employed: Certificate of Employment (COE), one-month payslip, employment contract, proof of remittance, and Income Tax Return (ITR)
-
If self-employed: Latest Audited Financial Statement (AFS), business registration documents, 6-month bank statements, and ITR
-
Contract to Sell (for purchases)
-
Construction documents: bill of materials, building plans, and specifications (for construction loans)
-
Proof of expenses (for reimbursement)
-
Statement of account (for refinancing)
-
Fire Insurance and Contractor’s All Risk Insurance
-
Mortgage Redemption Insurance (MRI) covering the loan amount
Important Clarification: You are not required to submit a marriage contract. However, both a co-borrower spouse and a notarized SPA are required components of your application when applying from this region.
Disclosure: This service is fully legitimate and professional, offering from a Verified U.S. Realtor® who is also a Broker with Philippine PRC License Number 0024025. to negotiate with our lending partners and regulatory organizations we are endorsed by.
Make a smart, secure real estate investment in the Philippines from the comfort of your home in Japan — with professional help and no guesswork.
Next Steps
To begin your loan process, email trishw@globalrealtor4acause.com to express your interest. Then, click the button below to schedule a free, no-obligation consultation with a licensed Philippine property specialist affiliated with trusted banks and lending institutions.
Ready to Learn About Philippine Real Estate?
🔒 Schedule Your 1-on-1 Call No pressure. Just a real conversation about your needs, what’s possible, and how this works.
Frequently asked questions
Can a Canadian citizen finance a Philippine property?
Yes, condominium units can be financed; land is reserved for Filipino citizens, former Filipinos within limits, and dual citizens.
What is different for Canada-based applicants?
A married applicant's spouse co-signs and a notarised special power of attorney appoints a representative in the Philippines; a marriage contract is not required.
